we talk about needing a balanced approach to cut this deficit, but why exactly do we need a balanced approach? it's not as if the economy distributes its games in a balanced way. if over the last ten or 15 years wages had gone up equally and profits had gone to the top 1% in an equal way, then you can say we need to rein in the deficit. instead, it seems like all of the games go to the top 1% but when it's time for pain, that we're going to spread across. that we need to give to social security, medicare, medicaid and we can't touch taxes. >> ryan grim and shira, have a good weekend. good luck. >> thank you. >>> snow is starting to fall across the northeast and forecasters say before it's done, this will be one for the record books. stephanie abrams is live for us in new york city's times square. good morning. >> reporter: chris, good morning to you. in times square, we have seen it all. nemo has been a triple threat, rain, sleet, and snow. laguardia and central park have been reporting all snow throughout the morning hours and it's not only new york. it goes into connecticut. and ne